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1796 B-4 Draped Bust Dollar -- Opinions??



 
 
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Old May 13th 06, 03:58 PM posted to rec.collecting.coins
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Default 1796 B-4 Draped Bust Dollar -- Opinions??

Brian writes:

Hi, Everyone.

I recently had a coin graded by ANACS for someone wanting advice. It
came back F-12 Details, Cleaned. Here are the pics:

http://home.comcast.net/~bhartman24/1796secondobv.jpg
http://home.comcast.net/~bhartman24/1796secondrev.jpg

The reason I had it graded was for selling purposes. How do you think
it would do on Ebay? Or is Heritage a better choice? Any advice you
could give me would be appreciated. I asked some people on the PCGS
U.S. Coin Forum, and they sounded like Ebay would be an okay venue.
What do you think it would go for?



Been away at a show, Brian, so couldn't reply before this. No one in
the replies seems to mention that the coin is cleaned, and although
many early dollars have been cleaned, this cleaning is obvious enough
so that it is unlikely that PCGS or NGC would certify it at all. Since
an UNCLEANED F-12 (I agree with the detail grade) would sell for
$2000-$2500, I would simply start bidding a $995 in a 7 day auction.
It's typical retail would be about $1200, just under what an uncleaned
VG would bring. You may do as well or better. Or, set a reserve of $995
which will cost you a $10 reserve fee on top of the eBay listing fee
and start at $250. That will encourage bids, and you may get the type
of activity that will bring a fair price. I would mention that the coin
has been lightly cleaned and/or show the slab so stating that. If it
does sell then eBay won't charge the $10 reserve fee, but if you relist
it, the reserve fee is again imposed.

Ira

 




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